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Space: Exploration and exploitation in a modern society

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<strong>Space</strong>: <strong>Exploration</strong> <strong>and</strong> <strong>exploitation</strong> <strong>in</strong> a <strong>modern</strong> <strong>society</strong><br />

Economic impact of fund<strong>in</strong>g space research<br />

Avanti<br />

Communications’<br />

share-price<br />

performance<br />

illustrat<strong>in</strong>g how<br />

growth of the UK<br />

space <strong>in</strong>dustry<br />

consistently<br />

outstrips broader<br />

economic growth.<br />

Courtesy: Avanti<br />

Communications<br />

260<br />

240<br />

220<br />

200<br />

180<br />

160<br />

Avanti Communications Group Plc<br />

UK FTSE All-Share (Rebased)<br />

FTSE AIM All-Share Index (Rebased)<br />

140<br />

120<br />

100<br />

80<br />

2008<br />

Jun<br />

Jul Aug Sep Oct Nov Dec Jan<br />

2009<br />

Feb<br />

Mar Apr May<br />

<strong>Space</strong>-science discoveries <strong>and</strong> technology<br />

development will cont<strong>in</strong>ue to go h<strong>and</strong> <strong>in</strong> h<strong>and</strong>.<br />

This was the message from Mr Williams. His<br />

company Avanti Communications was founded on<br />

basic research <strong>and</strong> applied science, he said. It is the<br />

first European company to launch a satellite-based<br />

super-fast broadb<strong>and</strong> service serv<strong>in</strong>g customers<br />

<strong>in</strong> rural areas. The underp<strong>in</strong>n<strong>in</strong>g technology<br />

stems from ESA’s Advanced Research <strong>in</strong><br />

Telecommunications Systems (ARTES) programme,<br />

which enables European <strong>in</strong>dustry to explore<br />

new ideas for satellite-communications products<br />

<strong>and</strong> services. The new broadb<strong>and</strong> service will<br />

contribute towards the implementation of the<br />

government’s “Digital Brita<strong>in</strong>” policy to secure<br />

the UK’s position as one of the world’s lead<strong>in</strong>g<br />

digital-knowledge economies.<br />

Mr Williams po<strong>in</strong>ted out that the UK holds a<br />

dom<strong>in</strong>ant position <strong>in</strong> the space <strong>in</strong>dustry because<br />

it has built up a critical mass of knowledge<br />

<strong>and</strong> human resources over a long period that<br />

makes it difficult for others to compete. “The<br />

UK has a very lean <strong>and</strong> focused attitude towards<br />

space, concentrat<strong>in</strong>g on cutt<strong>in</strong>g-edge payloads,<br />

<strong>in</strong>strumentation <strong>and</strong> small platforms. The result<br />

is that we have generated a seven-fold return on<br />

<strong>in</strong>vestment from the ARTES budget,” he said.<br />

Some of the world’s most successful space<br />

companies are based <strong>in</strong> the UK, support<strong>in</strong>g<br />

70 000 jobs <strong>and</strong> a highly skilled workforce. As well<br />

as Avanti Communications, they <strong>in</strong>clude: Europe’s<br />

lead<strong>in</strong>g space company Astrium; Infoterra,<br />

which is a leader <strong>in</strong> Earth-observation services;<br />

Inmarsat, which is the world’s most profitable<br />

telecommunications company; Paradigm, which<br />

provides military satellite-communications<br />

services; <strong>and</strong> Surrey Satellite Telecommunications,<br />

which pioneered low-cost satellites. Downstream<br />

<strong>in</strong>dustries such as Sky TV have also flourished.<br />

“We should be very proud of our <strong>in</strong>dustry,” said<br />

Mr Williams.<br />

Accord<strong>in</strong>g to the lead<strong>in</strong>g economic forecast<strong>in</strong>g<br />

consultancy, Oxford Economics, the global space<br />

<strong>in</strong>dustry is set to grow by 15% a year. However,<br />

Mr Williams warned that the UK must ma<strong>in</strong>ta<strong>in</strong><br />

its momentum of develop<strong>in</strong>g <strong>and</strong> exploit<strong>in</strong>g<br />

cutt<strong>in</strong>g-edge space technologies <strong>in</strong> the face of<br />

grow<strong>in</strong>g competition from emerg<strong>in</strong>g economies<br />

such as Ch<strong>in</strong>a <strong>and</strong> India. “We need to be<br />

cont<strong>in</strong>ually <strong>in</strong>vest<strong>in</strong>g <strong>in</strong> applied space research<br />

<strong>and</strong> convert<strong>in</strong>g it <strong>in</strong>to commercial services. This<br />

requires that the science <strong>and</strong> bus<strong>in</strong>ess sectors<br />

work <strong>in</strong> harmony,” he expla<strong>in</strong>ed.<br />

3<br />

S p a c e : Ex p l o r a t i o n a n d e x p l o i t a t i o n <strong>in</strong> a m o d e r n s o c i e t y August 2 0 0 9

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